What You Need to Know About Selling Your Home in the Current Market
I was talking to an acquaintance of mine the other day who told me that she is really interested in selling her home so she can move to a better school district, but she just doesn’t want to take a loss due to the current real estate market. This is the way many homeowners feel nowadays. If you’re one of them, there are some things you need to know.
1. It’s Not as Bad as They Say
Is selling a home a big mistake right now? No. Not necessarily. Okay, maybe January isn’t the best month to do it but if you’re going to list it in time for spring you should start preparing now. You can definitely sell your home and while you won’t get an over-inflated price, you should be able to sell it at fair market value if you do it the right way.
2. Get a Good Realtor
If you want to get top-dollar for your home in this buyer’s market, you’re going to need to pay for the services of a professional and that means giving a Realtor his or her commission. Sure, you can try selling your home on your own, but chances of you getting a successful sale aren’t too good. Unless you live in an area where properties are still selling fast, you need a Realtor putting his or her expertise to work for you.
3. Make it Presentable
First impressions really do matter. Make sure your home looks good from the curb and from the inside too. Put away clutter, keep surfaces clean and while you should enhance the fragrance of your home, do it with something light like vanilla. You don’t want to overpower prospective home buyers when they come in the door.
4. Pricing Makes a Difference
Do not, no matter how tempted you may be, overprice your property when selling your home. Your home is going to get the most traffic during the first week or so of the listing. If your home is overpriced, you’re going to lose those potential buyers and the traffic won’t be what it could be. Don’t make this mistake. Price your home at fair market value and you should have a quick sale.
Keep these things in mind and you can beat the buyer’s market. It’s just a matter of knowing what to do and how to do it.